401k Limits 2024 Irs. In 2023, total 401 (k) contributions are capped at $66,000 or 100% of the employee’s compensation, whichever is less. This amount is up modestly from 2023, when the individual 401(k) contribution limit.
Forecasts that 2024 internal revenue service contribution limits for 401(k) and other defined contribution plans will… There are limits to how much employers and employees can contribute to a plan (or ira) each year.